1987-08-17 - Resolution 1987-42 - REQUESTING THE COUNTY OF COOK NOT TO COLLECT THE LOSS IN COLLECTION ON TAXABLE PROPERTY IN THE VILLAGE OF BUFFALO GROVERESOLUTION NO. 87- 42
A RESOLUTION REQUESTING THE COIJNTY OT COOK TO NOT COLLECT TIIE LOSS
IN COLLECTION ON TAXABLE PROPERTY IN TI{E VILLAGE OF BUFFALO GROVE
WIIEREAS, the Vlllage of Buffalo Grove has experlenced a hlgh 1eve1 of
property tax collectlons from lts resldentlal and commerclal property ln Cook
County as verlfled by audLt procedures: and
I,IEEREAS, the County of Cook has nade lt a pol1cy to extend addltlonal
amounts over and above thoae levies requested by the Vlllage to offset any
loss i.n collectablllty; and
WIIEREAS, these addltlonal taxes wlll not be needed by the Village to
perform lts operatLonal and debt servlce respons lblllt 1e s to lts cltizens.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OT
TIIE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COI'NTIES, ILLINOIS, thAt:
SECTIoN 1. The County Clerk of Cook County ls hereby dlrected not to
lewy the loss and cost of collectlon notes ln additlon to those levles
requested by the Vlllage of Buffalo Grove ln lts 1987 Tax Levy Ordlnance upon
all taxable property withln the Cook County boundarles of the Vlllage.
SECTIoN 2. The Village Clerk ls hereby dlrected to send a certlfied
copy of thls Resolutlon to the County Clerk of Cook County.
AyES: 6 - Marienthal, Glover, Reid, Shields, Kowalski, Shifrin
114y69. 0 - None
0 - None
AppROVED: August 17
ABSENT:
PASSED:
ATTEST:
August 17 1987.
1987,
age Pres ident
2otUqZ.Z-.^&ziVlllage Clerk Pro Tem